Debt forgiveness is rarely mentioned in this crisis of unparalleled proportions, destroying governments and countries around the world. And only one
presidential candidate supports it by the bill he introduced, does he have any other support from other politicians?

If other politicians where asked the question of will you support cancelling all public debt, by the federal reserve, What do people think the
response would be?

Personally I think they would need a change of knickers, because they would be scared ####less to answer it.

HR 2768 Introduced by Rep. Ron Paul. "TO CANCEL PUBLIC DEBT HELD BY THE FEDERAL RESERVE SYSTEM AND TO LOWER THE PUBLIC DEBT LIMIT BY AN EQUAL
AMOUNT." WWW.GOVTRACK.US...

SECTION 1. SHORT TITLE.
This Act may be cited as the ‘Debt Crisis Resolution Act of 2011’.
SEC. 2. CANCELLATION OF PUBLIC DEBT HELD BY THE FEDERAL RESERVE SYSTEM.
(a) Canceling of Debt- The Secretary of the Treasury shall cancel all obligations of the United States Government issued under chapter 31 of title 31,
United States Code, that are held by the Federal Reserve System.

i`ve been told (by Carl Denninger-good reporter and advocate imo apart from 9-11/Israel stuff) that most of the total debt is held by "the banks"
and that the Fed holds only a bit of it.I do realize they are one and the same functionally,but politically and policy-wise they are treated as
different,so how does this proposal achieve rectification of the economic shambles?

Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill,
H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear.

The federal reserve is made up of the biggest banks. The federal reserve is the biggest scam ever perpetrated on humans because they have NO real
value. None. Theoretically, they could have, and this theory was sold on the American leaders.
Everything the federal reserve does, could be done by employees of the state, and owned by the state and its people. Us. But, instead we pay
interest on debt because private banks can create money to buy our treasury bonds that we never had to create in the first place. WE could have
printed this money.
Scam.
Cancelling this debt is about acknowledging that the scam has been discovered and the game is over. Ron Paul is the only one that is not on the take.
The others get lots of this newly created money to buy themselves nice things and political power.

The federal reserve is made up of the biggest banks. The federal reserve is the biggest scam ever perpetrated on humans because they have NO real
value. None. Theoretically, they could have, and this theory was sold on the American leaders.
Everything the federal reserve does, could be done by employees of the state, and owned by the state and its people. Us. But, instead we pay
interest on debt because private banks can create money to buy our treasury bonds that we never had to create in the first place. WE could have
printed this money.
Scam.
Cancelling this debt is about acknowledging that the scam has been discovered and the game is over. Ron Paul is the only one that is not on the take.
The others get lots of this newly created money to buy themselves nice things and political power.

Ron Paul says so many things I need to hear. Then he is always going on about "free market strategy" now I want to know, is he talking about total
deregulation? This is how the big companies take advantage of us is not having someone bigger than them hold the reins so they do not run us to
death.

Deregulation of the banking, agriculture, pharmaceutical companies, big oil, multinational conglomerates. They are monsters at the gate that need a
freaking leash so they do not eat us.

I get the sneaking suspicion we have a wolf in sheep's clothing when it comes to Ron Paul.

I get the sneaking suspicion we have a wolf in sheep's clothing when it comes to Ron Paul.

He is only one of a very few politicians that actually supported wikileaks when cablegate came out. I am of the impression that Ron Paul is more of a
sheep in wolf's clothing. A career politician who has had enough of chasing his tail with the endless diversions as the main issues are left
unresolved.

As for this debt forgiveness, it is a step in the right direction. Society owns the economy, not some private bank.

Ron Paul understands that we don't want, and couldn't have, a totally free market.
It is important to understand what we currently have before you could ever understand why it needs drastic improvement. We have crony capitalism, not
an over regulated or an under regulated system, a corrupt system.

We have regulatory agencies, but they don't regulate. They selectively prosecute, but look the other way when it is "one of them". This is crony
capitalism.
We have the government issuing grants in the multimillion to half billion dollar range with no real accountability, and these grants go to the well
connected. This is crony capitalism.
We have government officials that rotate in and out of the private sector, one day working for a company that needs governmental approval and the next
working for the agency that gives that approval, and then back with the company. This is crony capitalism.
The power of the federal government comes down on small businesses that are doing little or nothing wrong, to protect the bigger businesses that are
often committing great crimes. Crony Capitalism. Fascism. Mob Justice.

Ron Paul isn't hiding anything, he is as straight as they come. A freak of sorts in politics today.

i really like the idea of this bill, and i think it's what should be done, to make common sense of an illegitimate system.

but, I think it would be wise to add another part to this bill about WHY this should be done, and why the Federal Reserve debt is illegitimate.) There
needs to be a vision to replace the money bubble economy.

people might not understand the reasoning behind it unless they make tangible changes to their daily lives/habits. there needs to be a systematic
change in the way the economy works in terms of debt and "borrowing"

an asian gold exchange founded on real gold resources would gather so much international attention that the result would be the immediate selling out
of all fiat US dollars and buying of real Earthly precious Gold.

this could happen, and this would mean a very ... exciting ... time for the US economy and thus the John Doe's of America, and other countries.

But, you should be wise enough to consider that this won't be that bad. we're not necessarily going to turn into a "3rd world country". the
rest of the stable countries would back us up. countries with more sophisticated financial systems and higher credibility will "bail out" struggling
countries with instable financial issues and economic recessions.

this simply results in REAL debt to another country, say China. this is not fiat fake manufactured debt based on fiat currencies like the US
Federal Reserve Note. this will be very real debt based on gold payments to and from the borrower.

this Trillion Dollar Lawsuit is testament to the US debt to China already...once China &
Japan win this lawsuit and expose the NWO pushers to the whole world, the transparency of the US Federal Reserve corruption will naturally cause the
US dollar to collapse and the whole world will openly welcome a Global Gold Reserve Currency.

China has sued for tons of gold they are owed and won in the past.....
They were supposed to take delivery finally, after much stalling on sept 12 /2001.
Of course 9/11 coveniently cut that off and they have not gotten a dimes worth yet....
Perhaps that was another reason for the whole thing.....

as the ENTIRE western world (from rome, greece, europe, russia, USA & the americas) was being developed for the last few THOUSANDS of years, they've
all been paying ASIA in GOLD for their luxuries (jewelery, foods & spices, fabrics & dyes & cultural ingredients of all sorts).

over the last few hundred years, most asian power and wealth (GOLD) has been consolidated into China & Japan.

the "NWO" faction has been slowly stealing back that gold from asia.

one such payment of gold TO china FROM the u.s. was scheduled for sept. 12, 2001

One long lost conspiracy about 9/11 was that the WTC basements were filled with GOLD, that went MISSING after the attack.

icing on the cake: The lawfirm that was "dealing with the paperwork" of the NWO's side of the lawsuit was located in the WTC. all employees, and
all evidence gone.

but the "dragon families" of china and japan still have plenty of evidence.

Thanks for posting and informing us all about this, i always love when i run into someone on ATS that's KNOWS what they're talking about when it comes
to debt and the Fed. ( and can translate is to someone not so knowledgeable)

So i'm a little busy now watching a game, but when i get some time later i'm gonna dive in and read what this is all about.

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